Thursday, September 16

Criticism of SEC from Famous Billionaire

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mark ck

Famous billionaire Mark Cuban criticized the SEC in a new tweet. Thus, Cuban joined the XRP Army, which constantly criticizes the SEC.

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In a statement, Cuban criticized former SEC attorney John Reed Stark for “having no sense of crypto”. Cuban also thinks that cryptocurrencies will affect businesses more positively than the SEC.

Stark, who had his share of Cuban’s criticism, said in a statement today that Bitcoin (BTC) and other cryptocurrencies have no value.

“It’s incredibly volatile and it’s not doing any good. The only reason people buy cryptocurrencies is to hope that it will go up because of the possibility that others will buy it.”

It is quite interesting that Cuban turned from a cryptocurrency skeptic to an advocate. Cuban said in a statement last December that bananas contain potassium and therefore are more beneficial than Bitcoin.

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